tomo logo

$575,000

Beds
3
Baths
2.0
sq ft
1,322

505/509 State Hwy-173, Hondo, TX 78861

505/509 State Hwy-173

Hondo, TX 78861

  • 5 days on market
Great investment opportunity in Hondo, TX!! Just shy of an acre this property has multiple rentals. One single family home, one mobile home and 3 RV spots currently leased with long term renters. Mobile home one year lease, all others month to month. Great opportunity for passive income!

Details

Property type

Single Family Residence

Est. home value

$191,109

Lot size

0.89 acres

Price per sq ft

$435

Year built

1974

Annual property taxes

$4,931.57

Price History

02/18/2025
SanAntonio

SanAntonio #1843321

Listed
$575,000

Schools & Community

Elementary school: 

Hondo

Middle school: 

Hondo

High school: 

Hondo

School district: 

Hondo I.S.D.

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$253,223
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$275,777
Cash to seller
$253,223

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Gateway Mortgage Group Llc

Loan start date

August 2019

Original loan amount

$309,294

Est. remaining balance

$275,777

Interest rate

3.75%

Loan type

FHA, 30 year

Seller

Brandon V Toci

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 5:10 PM

Listing updated: 02/18/2025 at 6:21 PM

Listed by: Heather Mutz, Homestead & Ranch Real Estate Phone #: (512) 466-1460

MLS: SanAntonio #1843321

SanAntonio logo

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